assumptions $($projections$)$:

Current assets are equal to $19\mathrm{.}3$ percent of sales, and fixed assets remain at their current level of $$1\mathrm{.}1$ million.

Common equity is currently $$0\mathrm{.}75$ million, and the firm pays out half of its after$-$tax earnings in dividends.

The firm has short$-$term payables and trade credit that normally equal $12\mathrm{.}1$ percent of sales, and it has no long$-$term debt outstanding.

What are Beason's financing needs for the coming year?

Beason's expected net income for next year is $$240,800.($Round to the nearest dollar.$)$

Beason's expected common equity balance for next year is $$870400.($Round to the nearest dollar.$)$

Estimate Beason's financing needs by completing the pro forma balance sheet below: $($Round to the nearest dollar.$)$

$\backslash$table$[[$Beason Manufacturing,Next Year$],[$Pro forma Balance Sheet,$],[$Current assets,$],[$Net fixed assets,$],[$Total assets,$],[$Payables$/$Trade credit,$],[$Long$-$term debt,$],[$Total liabilities,$],[$Common equity,$],[$Total liabilities and common equity $